Kāinga Ora financially sustainable, minister Sepuloni tells parliament

Kāinga Ora financially sustainable, minister Sepuloni tells parliament
Carmel Sepuloni stood in for housing minister Megan Woods yesterday. (Image: BusinessDesk)
Greg Hurrell
The government insists Kāinga Ora’s ballooning debt is manageable and that it has no concerns about the agency’s financial sustainability.Social development and employment minister Carmel Sepuloni faced questioning from National’s spokesperson for housing and infrastructure Chris Bishop in parliament on Thursday.Bishop was tackling the government over a June ministerial briefing paper by the Ministry of Housing and Urban Development (HUD) – leaked to BusinessDesk – that expressed strong concerns about Kāinga Ora&rs...

More Infrastructure

‘Remarkable growth’: Fulton Hogan posts higher profit
Economy

‘Remarkable growth’: Fulton Hogan posts higher profit

Fulton Hogan paid a total dividend of $180.4m for 2025.

Duncan Bridgeman 05 Nov 2025
EPA head quits with fast-track changes
Policy

EPA head quits with fast-track changes

The latest fast-track reforms go far beyond supermarket resource consenting.

Could your KiwiSaver soon own your local water system?
Finance

Could your KiwiSaver soon own your local water system?

Founder Sam Stubbs says 90% of Kiwis back the idea of owning local utilities.

Garth Bray 03 Nov 2025
Big names for Wellington Water board
Finance

Big names for Wellington Water board

Credit rating agency warns that water reforms are no council debt panacea.

Pattrick Smellie 31 Oct 2025